Orders for upholstered furniture increase at the same time that many qualified upholsterers retire. What can be predicted with certainty?
The equilibrium level of employment rises
The equilibrium level of employment falls
The equilibrium wage for upholsterers is unchanged
The equilibrium wage for upholsterers rises
80 exam-style questions on OCR GCSE Economics 2.7 The labour market, covering 2.7.1 Role and operation of the labour market, 2.7.2 Determination of wages, 2.7.3 Explain gross and net pay, and 2.7.4 Calculate gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.